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Cable Update (GBPUSD)

  • #785,721
  • Oct 25, 2023 2:36am Oct 25, 2023 2:36am
GU: Protected
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Intraday Trading is an Art _ hoda
  • #785,722
  • Oct 25, 2023 2:37am Oct 25, 2023 2:37am
Quoting knkie
{quote} looks like a good start to the day {image}
excellent
+13+9== 22 pips first trade

gotta do some chores.
ttyl
in wondering about yourself, you forgot what you came here to be part of
  • #785,723
  • Oct 25, 2023 2:37am Oct 25, 2023 2:37am
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rsi below 50 more down...1.21 possible target...
$cam lvls...
Long 1.21230
Brk Out Short 1.20863
  • #785,724
  • Oct 25, 2023 2:42am Oct 25, 2023 2:42am
Quoting purevenom
Though it has better range. My scalp not really doing well with GU. I like to lock my position early but the wick kill it. Other usd pairs not really like this. {image}
It is too bad that we don't get to see all the data that the computers managing trading get to see.
They see volume and price for all pending orders and active orders!
  • #785,725
  • Oct 25, 2023 2:46am Oct 25, 2023 2:46am
muppet of the year
Congratulations ScalaFX for coming out of the closet!
  • #785,726
  • Oct 25, 2023 2:46am Oct 25, 2023 2:46am
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  • #785,727
  • Oct 25, 2023 2:50am Oct 25, 2023 2:50am
Quoting knkie
im shorting 2159 on M5 Another sell stp @ 2154 2143 might be a hobble to take. good luck today.
Small long 1.2146 I got in. Wanted 1.2144 but did not get it. It is to early probably for long but I couldn't resist anymore. It's not roulette (50/50) but it is also not much better. But I have to start the day anyway. Currently 1.2144 lol.
  • #785,728
  • Oct 25, 2023 2:51am Oct 25, 2023 2:51am
6hr...
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  • #785,729
  • Oct 25, 2023 2:57am Oct 25, 2023 2:57am
Market again very slow today. ADR complete underwater. GBP/USD is doing all it can to widen the ADR (currently to the downside). Problem is market is already heavilly oversold in short term. You need lots of money now to push it more down, just happened 1.2140. wow. Full long now on 1.2140. Still may be a bit too early but last move cost a lot of money for sellers. I like that! That someone moving the market! That's how we can earn money. Cheers.
  • #785,730
  • Oct 25, 2023 2:57am Oct 25, 2023 2:57am
Definitely one of those using only 10% of their brains today! Put all the pieces together, posted today and didn't take the trade that was right in front of me.
  • #785,731
  • Oct 25, 2023 2:57am Oct 25, 2023 2:57am
Quoting JackintheBox
{quote} Small long 1.2146 I got in. Wanted 1.2144 but did not get it. It is to early probably for long but I couldn't resist anymore. It's not roulette (50/50) but it is also not much better. But I have to start the day anyway. Currently 1.2144 lol.
this is looking terrible for longs.
I have a supdem zone on H4 with the bottom of the box at 2142
IF H4 closes below that i dont see anything left to support until 2100.

please be vigilant trading today!
in wondering about yourself, you forgot what you came here to be part of
  • #785,732
  • Oct 25, 2023 3:02am Oct 25, 2023 3:02am
Long for the day taken
stop 2135
( stop 2137 )
Intraday only.
  • #785,733
  • Oct 25, 2023 3:06am Oct 25, 2023 3:06am
Quoting knkie
{quote} this is looking terrible for longs. I have a supdem zone on H4 with the bottom of the box at 2142 IF H4 closes below that i dont see anything left to support until 2100. please be vigilant trading today!
Thanks for you input. I see your point. I wanted to keep half position (sold 1.2146 half already) but I sold everything. Too less small moves yesterday so likely more today, means no big retrace now probably (not even 20 pips from low 1.2138) now. In the end all comes together. I just don't want to miss the upward move again lol.

Not sure why GBP is soo weak currently. Not even bounce like EUR/USD. That's seldom, yesterday same patterns. Unfortunately no news today, am I right? I want that PA to quit. I don't like that behaviour. I have problems to earn money with that. Luckily good start today for me. I know, be patient, but time is money...
  • #785,734
  • Oct 25, 2023 3:10am Oct 25, 2023 3:10am
Quoting dantpm
Definitely one of those using only 10% of their brains today! Put all the pieces together, posted today and didn't take the trade that was right in front of me.
he have lots of fans too
  • #785,735
  • Oct 25, 2023 3:15am Oct 25, 2023 3:15am
Out of my long.

not sure what to do.. join the bears or wait for correction.

Hence im out, waiting for market to plot candles
  • #785,736
  • Oct 25, 2023 3:17am Oct 25, 2023 3:17am
Quoting Whale
Out of my long. not sure what to do.. join the bears or wait for correction. Hence im out, waiting for market to plot candles
I have taken long trade, stop set. Off the thread now.

Intraday only.
  • #785,737
  • Oct 25, 2023 3:30am Oct 25, 2023 3:30am
Market is stalling / not moving in current area/condition. That's a sign of still selling every small retrace or it is little volume. Unfortunately we cannot see volume . Does anyone has volume from his broker? Is it normal or less today till now?
  • #785,738
  • Oct 25, 2023 3:31am Oct 25, 2023 3:31am
G.U.
The long one failed and I switched to the short one.
Secure your profits by making a payment once. Short circuited again.
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  • #785,739
  • Oct 25, 2023 3:35am Oct 25, 2023 3:35am
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  • #785,740
  • Oct 25, 2023 3:37am Oct 25, 2023 3:37am
Quoting knkie
{quote} Without the darkness, how would we recognize the light?” - Tuvok, Star Trek: Voyager, 2x10.
The government dont care about scripts in the holy book.
Only self interest of politicians. The interests of the country and people is secondary. Cruel world we live in.
More time in the market, does not mean you trade better!
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